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The Latest Breaking News from Mike Ashley

Boohoo to rebrand as Debenhams despite Frasers Group’s vote to block it

Shareholder meeting turned into latest episode in battle between fashion retailer and Mike Ashley’s retail empire

The Guardian - UK

What next for Mike Ashley’s patchwork retail empire?

The tycoon’s Frasers Group faces a tricky next chapter after decades of relentless deal-making

The Guardian - UK

Eddie Howe holds emotion as he seeks to end Newcastle’s 70-year drought

The 1955 FA Cup was Newcastle’s last domestic trophy but Sunday’s Carabao Cup final against Liverpool is a chance for glory

The Guardian - UK

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Toy firm Hornby unveils plans to go private

The Scalextric and model train firm said it plans to re-register as a private company to help with its ongoing overhaul.

The Independent UK

Contrasting 50-year paths lead Liverpool and Newcastle to Wembley reunion

The Magpies have not won a major domestic trophy since 1955.

The Independent UK

Boohoo rebrands as Debenhams amid drop in youth labels’ sales

Chief executive says sales figures are down by more than a fifth but its brands still carry ‘significant potential’

The Guardian - UK

Halliday makes 'wrong side of history' Rangers claim, talks fractured relationships

Andy Halliday reckons the relationship between Rangers supporters and the club hasn't been this fractured for "a long time".

The National (Scotland)

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Hornby cheers festive trading boost as it attracts new customers

Hornby said sales lifted 7% in the quarter to December 31, with 23% revenue growth for December alone.

Evening Standard

Boohoo sells London office in Soho for £49.5m to pay off debts

The online fashion firm told shareholders it had sold the site on Great Pulteney Street in Soho to property fund Global Holdings UK

Evening Standard

Boohoo sells London office for £49.5m to pay off debts

The online fashion firm told shareholders it had sold the site on Great Pulteney Street in Soho to property fund Global Holdings UK.

The Independent UK

Wall Street stocks rally at end of choppy week for global markets

It was a mixed session for global stocks as investors continue to digest key economic releases and central bank signals.

Evening Standard

Boohoo shareholders vote to block Mike Ashley from joining board

Chair hails ‘resounding vote of confidence’ as investors reject Sports Direct founder and his associate Mike Lennon

The Guardian - UK

Boohoo shareholders deny Mike Ashley seat on board after boardroom battle

Frasers Group, which owns a 27% stake in Boohoo, had urged investors to appoint Mr Ashley and restructuring expert Mike Lennon.

Evening Standard

Boohoo says Frasers Group can have seat on board – but not Mike Ashley

Boohoo chair Tim Morris said Mr Ashley is ‘not appropriate’ for a board seat because of ‘obvious conflict points’.

Evening Standard

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The Guardian - UK

Mike Ashley has the right critique of Boohoo. But he doesn’t belong on its board

The online retailer needs a shake-up – but the Sports Direct supremo is far from an unconflicted party

The Guardian - UK

Boohoo wins influential adviser’s support in battle with Mike Ashley

ISS reportedly tells fast-fashion firm that Frasers Group approach is ‘superficial’ and ‘offers no plans for change’

Evening Standard

Boohoo gains backing of proxy adviser in boardroom spat with Frasers

Boohoo said Institutional Shareholder Services (ISS) had recommended shareholders vote against the plans on December 20.

The Independent UK

Frasers cuts profit outlook amid ‘weaker’ shopper confidence around Budget

It came as the Mike Ashley-founded firm revealed a slump in sales for the past half-year, and lower profits

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Evening Standard

Mike Ashley met by ‘stone wall’ in data bid after £13m HMRC dispute, court told

The Frasers Group founder is bringing legal action against the tax body over allegedly ‘extensive’ breaches of data protection obligations.

Evening Standard

Frasers Group to shed light on consumer demand ahead of key Christmas period

Frasers Group will update investors on its performance over the past six months on Thursday December 5.

Evening Standard

Mike Ashley’s Frasers buys £3m stake in Marks Electrical

In a stock market filing, Marks revealed that Frasers has bought 6.73 million shares in the business.

The Guardian - UK

Chronic pain and ravaged mental health: this is the brutal reality of Britain’s new working class

The story of former Amazon worker Karolina Sobczak reveals much about the people who keep our society running – at huge personal cost, says Guardian columnist Aditya Chakrabortty

The Independent UK

Mike Ashley’s Frasers urges Boohoo to oust co-founder Kamani

Frasers, which is Boohoo’s largest shareholder, said Mr Kamani ‘must go’ after overseeing a sharp plunge in its shares over the past three years.

Evening Standard

Boohoo accuses Frasers Group of ‘self interest’ amid Mike Ashley row

Frasers Group had called Boohoo ‘desperate’ after it declined its attempts to install founder Mr Ashley as chief executive.

The Independent UK

Frasers Group says appointment of Boohoo boss shows ‘disregard’ for shareholders

Mike Ashley’s firm had been trying to install him as Boohoo’s new chief executive, but the online retailer chose someone else.

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